Five Below Stock Plummets 30% in Two Days as Tariffs Spark Global Trade War Fears, Trading Volume Drops to 478th Rank

On April 4, 2025, Five Below (FIVE) experienced a significant decline, with its trading volume dropping by 46.13% to 3.50 billion, ranking 478th in the day's market activity. The stock price fell by 3.50%, marking the second consecutive day of decline, with a total decrease of 30.34% over the past two days.

The recent downturn in Five Below's stock price can be attributed to the announcement of "reciprocal tariffs" on all U.S. imports by President Trump. This move has sparked fears of an escalating global trade war, which could negatively impact corporate profits and economic growth. The tariffs have led to a sell-off in affordable luxury stocks, with Five Below's stock price being particularly affected.

Five Below, a specialty discount store, has struggled throughout 2025, with its stock price down by 28%. The company's reliance on imported goods from Asia has made it vulnerable to the recent tariff announcements. The stock market has been volatile, with fears of a trade war causing significant declines in retail stocks, including Five Below.

The broader market has also been impacted by these developments, with the Dow Jones Industrial Average dropping by 2,200 points and the S&P 500 experiencing significant declines. The uncertainty surrounding the trade war has led to a sell-off in stocks that depend heavily on imported products, further exacerbating the decline in Five Below's stock price.